WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to Congress. (all times local)
WASHINGTON (AP) — Pointing to a weaker global economy, rising trade tensions and chronically low inflation, Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut...
WASHINGTON (AP) — Most Federal Reserve officials expressed concern at a meeting last month that the outlook for the U.S. economy was weakening, and many said the Fed should soon cut rates if...
WASHINGTON (AP) — The Federal Reserve on Friday repeated its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed...
TOKYO (AP) — A closely watched quarterly survey by Japan's central bank released Monday showed declining confidence in the economic outlook among major manufacturers as trade tensions between the...
TOKYO (AP) — Asian shares were mixed Thursday amid worries over trade tensions, leavened by media reports that President Donald Trump may delay a decision on auto tariffs.
WASHINGTON (AP) — The Federal Reserve this week will likely reinforce a theme that has cheered consumers and investors since the start of the year: No interest rates hikes are likely anytime...
China says trade talks with US ‘moving forward’
BEIJING (AP) — China said Thursday that trade talks with the U.S. are "moving forward" after nine rounds of consultations aimed at ending a standoff that has shaken the world economic...
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded its outlook for growth in the United States, Europe, Japan and the overall global economy and pointed to heightened trade...
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for growth in the United States, Europe, Japan and the overall global economy and points to heightened trade tensions...
BANGKOK (AP) — Trade tensions between China and the United States are putting a drag on economies in the region, with growth likely to continue to slow in the coming two years, the Asian...
WASHINGTON (AP) — The head of the 189-nation International Monetary Fund said Tuesday the global economy is at a "delicate moment" with a hoped-for rebound in growth later this year being...
BEIJING (AP) — Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid...
Survey: Top CEOs report weaker economic outlook for 1Q
WASHINGTON (AP) — Top U.S. CEOs reported Wednesday that their economic outlook weakened in the first three months of the year although it remains above its historical average.
EU warns Italy to slash rampant public debt
BRUSSELS (AP) — The European Union expressed concern about Italy's debt levels Wednesday and warned the government in Rome to push through measures to shore up the public finances.
Rating agency upgrades economic outlook for Oklahoma City
OKLAHOMA CITY (AP) — One of the nation's top rating services is upgrading its economic outlook for Oklahoma City from negative to stable, citing the city's maintenance of a high level of reserves.
Moody's Investors Service also recently affirmed the city's ratings for other financial metrics.
Facing populist assault, global elites regroup in Davos
DAVOS, Switzerland (AP) — As the world's financial and political elites convene here in the Swiss Alps for the World Economic Forum, their vision of ever-closer commercial and political ties is under attack — and the economic outlook is darkening.
Britain's political system has been thrown into chaos as the country negotiates a messy divorce from the European Union.
- Daily ChronicleIn DeKalb, Chicago Fed economist calls for slow, steady growthApril 11, 2019
- Wilkes-Barre Citizens' VoiceEconomist: Consumer Spending, Growth Will Remain Solid In NEPAMarch 22, 2019
- The Times-TribuneEconomist Predicts GrowthMarch 22, 2019
- Houston ChroniclePath to sustainable growth a focus at Woodlands Economic Outlook ConferenceFebruary 8, 2019
- The SunFed Chief for Boston Leans to OptimisticJanuary 11, 2019
Eurozone unemployment a bright spot amid growing gloom
LONDON (AP) — Unemployment across the 19-country eurozone fell in November to a decade-low rate, official figures showed Wednesday, but worries over the economic outlook have stoked concerns it may not fall much lower, if at all.
Eurostat, the European Union's statistics agency, said a 90,000 monthly fall in the number out of work to 13.04 million reduced the overall rate to 7.9 percent from the previous month's 8 percent.
Asian shares mixed on concerns over trade, economic outlook
SINGAPORE (AP) — Asian markets were mixed Tuesday in narrow trading on doubts that U.S. and China can manage to resolve their festering trade dispute.
Report: Colorado economy on pace to keep growing in 2019
BOULDER, Colo. (AP) — A recent report says the Colorado economy will continue to grow next year, but perhaps at a slower pace.
The Daily Camera reports the 2019 Colorado Business Economic Outlook Forecast shows that Colorado, despite slower growth, will still be in the top 10 states next year for employment growth.
Economist predicts strong economic outlook for ND in 2019
BISMARK, N.D. (AP) — A North Dakota economist expects the projected economic recession to be both good and bad news for the state's next two-year budget cycle.
US Fed chief paints favorable economic outlook
World stocks slide after IMF trims economic outlook
SINGAPORE (AP) — Global stock markets fell Tuesday after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions.
KEEPING SCORE: Germany's DAX lost 0.5 percent to 11,891 while the CAC 40 in France shed 0.3 percent 5283. Britain's FTSE 100 dropped 0.4 percent to 7,201. Wall Street was set for a drop. Dow futures lost 0.5 percent and the S&P 500 futures were down 0.6 percent.
Asian stocks mixed after IMF downgrades economic outlook
SINGAPORE (AP) — Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade.
Rating agency ups Oklahoma’s outlook from negative to stable
OKLAHOMA CITY (AP) — One of the nation's top rating agencies is revising Oklahoma's economic outlook from negative to stable, citing a stabilization of the state's finances as a result of revenue growth.
Moody's Investors Service announced on Thursday that it was affirming the state's Aa2 rating, the agency's third highest rating. The switch from a negative to stable outlook suggests more financial stability and the agency's belief the rating will remain unchanged for at least a year.
Clouds on horizon as trade wars, debt weigh on Asia’s growth
BANGKOK (AP) — Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report.
The Manila, Philippines-based regional lender said Wednesday that it expects economic growth in Asia to remain at a robust 6.0 percent in 2018 but to slip to 5.8 percent next year.
- Business WireCentral and Eastern Europe Telecoms Market Trends and Forecasts 2018-2023 - ResearchAndMarkets.comMarch 25, 2019
- Business WireCORRECTING and REPLACING Transplace Shipper Symposium to Focus on Supply Chain Innovation & the Economic OutlookMarch 12, 2019
- Business WireTransplace Shipper Symposium to Focus on Supply Chain Innovation & the Economic OutlookMarch 12, 2019
Bank of England holds rates as it awaits Brexit developments
LONDON (AP) — The Bank of England has kept its main interest rate on hold at 0.75 percent as policymakers await developments in Britain's looming exit from the European Union.
In a statement Thursday, the bank said its nine-member rate-setting panel voted unanimously to keep borrowing rates unchanged, a month after sanctioning a quarter-point increase.
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism.
The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the previous month. May's figure was revised sharply higher from an initial estimate of 0.8 percent.
BEVERLY HILLS, Calif. (AP) — Top Republican and Democratic leaders of the House and Senate offered starkly different assessments Monday of the nation's political and economic outlook at a global conference ahead of the midterm election.
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook.
Mnuchin held a string of meetings over the past three days with financial officials from China, Japan and Europe over the punitive tariffs the administration has unveiled in an effort to fulfill President Donald Trump's campaign promise to reduce America's huge trade deficits.
Fed survey finds worries about higher tariffs
WASHINGTON (AP) — The Federal Reserve's latest national survey has found that U.S. businesses are growing increasingly concerned about the impact higher tariffs could have on their companies and the overall economy.
The Fed reported Wednesday that the economic outlook remains positive with growth continuing at a moderate pace in the central bank's 12 regions.
WASHINGTON (AP) — The International Monetary Fund has upgraded its economic outlook for the United States in 2018 and foresees a strong year for the global economy as well. But its chief economist warns that the prospect of an escalating trade conflict "threatens to undermine confidence and derail global growth prematurely."
Trade fears weigh on outlook in export champ Germany
FRANKFURT, Germany (AP) — Fears about international trade disputes and the conflict in Syria have sent the economic outlook lower among investment professionals in Germany, the largest economy in the 19-country euro currency union.
It's only the latest sign that looming trade conflict between the U.S. and China is weighing on the outlook in Europe, after several other economic indicators dropped recently.
PROVIDENCE, R.I. (AP) — Democratic Gov. Gina Raimondo is meeting with business and community leaders to discuss the state's economy and ways to develop it.
Santander Bank and the Greater Providence Chamber of Commerce will host their 18th annual Economic Outlook Breakfast for the business community on Wednesday morning at the Omni Providence Hotel.
Raimondo plans to give welcoming remarks. A panel of local business and community leaders will discuss issues and challenges facing the state.
Markets tread water as they await Powell testimony
LONDON (AP) — Global stock markets were little changed Tuesday ahead of the new Federal Reserve chair's testimony to Congress later. Given that Jerome Powell has yet to chair a policymaking meeting, anything he says on the U.S. economic outlook and the likely path of U.S. interest rate could stir markets out of their current torpor.
Asian stock markets gain after Wall Street rally
BEIJING (AP) — Asian stocks rose Monday after Wall Street rallied as investors looked ahead to the U.S. Federal Reserve chairman's congressional testimony this week for insights into its economic outlook.
Lake Houston area businesses and professionals got a taste of what to expect from the 2018 economy during the Economic Outlook Luncheon at the Walden Country Club in Atascocita on Feb. 22.
The event, which was hosted by the Lake Houston Area Chamber of Commerce, featured local and national experts who projected micro and macro versions of the economy based on what happened in 2017.
Hundreds of people turned out to hear what turned out to be a mostly positive forecast for the local economy during the 32nd annual Economic Outlook Conference held in The Woodlands Friday, Feb. 16.
Local business owners will get the opportunity to learn how macro and micro trends will effect the Lake Houston area in 2018 during the Economic Outlook Luncheon this week.
The event, which will be hosted by the Lake Houston Area Chamber of Commerce, features a local and a national expert who will profile and project economic trends and indicators, Chamber President and CEO Jenna Armstrong said.
Rural banker survey suggests economic outlook improving
OMAHA, Neb. (AP) — A monthly survey of rural bankers in 10 Plains and Western states suggests an improved economic outlook.
A report released Thursday says the Rural Mainstreet Index rose to its highest reading since May 2014, reaching 54.8 in February. January's figure was 46.8, and December's was 47.8.
Survey organizers say any score below 50 suggests a shrinking economy in the months ahead.
Hundreds of people are expected to attend what's being described as the premier business event in The Woodlands area.
The annual Economic Outlook Conference, created and produced by The Woodlands Area Chamber of Commerce, is set for Feb. 16. at the The Woodlands Waterway Marriott Hotel & Convention Center.
The conference, which the chamber will be hosting for the 32nd consecutive year, is expected to provide valuable insights into the local and state economy.
DeKALB – The DeKalb County Economic Development Corp. has announced its annual Economic Outlook Luncheon.
Bill Strauss, senior economist for the Federal Reserve Bank of Chicago, will be the guest at the March 22 event. He will provide an update on the state of the economy, provide a forecast for the future and assess previous predictions.
Idaho state revenue panel predicts 5 percent revenue growth
BOISE, Idaho (AP) — Idaho lawmakers on an economic outlook committee are predicting that the state will see roughly $3.8 billion in tax revenue in the 2019 fiscal year — a more than 5 percent increase from the previous year, mirroring Gov. C.L. "Butch" Otter's revenue projections for the sixth year in a row.